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From child care to COVID, rising job market faces obstacles
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From child care to COVID, rising job market faces obstacles
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WASHINGTON (Reuters) - U.S. homebuilding dropped to a six-month low in February as severe cold gripped many parts of the country, in a temporary setback for a housing market that remains supported by extremely lean inventories amid strong demand for larger homes.
FILE PHOTO: Clothes hang outside to dry behind an apartment as a buzzard flies during the spread of the coronavirus disease (COVID-19) in West Belle Glade, Florida, February 9, 2021. REUTERS/Shannon Stapleton
The report from the Commerce Department on Wednesday also showed a sharp decline in building permits last month. It followed on the heels of data this week showing that the deep freeze, which was most severe in Texas and other parts of the densely populated South region, depressed retail sales and output at factories.
<div class="at-above-post addthis tool" data-url="https://www.metro.us/u-s-homebuilding-takes-a/"></div>WASHINGTON (Reuters) – U.S. homebuilding dropped to a six-month low in February as severe cold gripped many parts of the country, in a temporary setback for a housing market that remains supported by extremely lean inventories amid strong demand for larger homes. The report from the Commerce Department on Wednesday also showed a sharp decline […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/u-s-homebuilding-takes-a/"></div><
U S housing market takes breather amid bitterly cold weather
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